Links

Open skies agreement reached.

• The Obama Administration is going to require lenders to temporarily cut or eliminate mortgage payments for the unemployed. Politically popular, economically idiotic. 

• Three economic professors write about the failure of the stimulus package. Such Keynesian actions are faith-based economics. 

• Almost 2,000 House of Representatives staffers made at least $100K last year. 

• Mike Rosen looks at Democratic initiatives in Colorado which threaten the state's business climate. 

• Good news: the U.S. and European Union have agreed to expand an open skies agreement to further increase competition in transatlantic aviation. Still no cabotage, however.